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History of Hyundai Excavators
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The history of one of the largest automakers began in 1967, when Hyundai Engineering and Hyundai Construction Co., Ltd..
Best known as a construction and shipbuilding company, decided to diversify its activities by launching cars. So it organized division Hyundai Motor Company.
By the way, there is a real confusion with the pronunciation of the name of this brand. In fact, Hyundai pronounced approximately as Hyundai, although “Hyundai” will also be permissible for our latitudes.
The first cars manufactured under license from Ford Motor Company. In 1972, Hyundai entered the top four South Korean companies that allowed to produce cars of their own design.
The first car of its own design was the Hyundai Pony, on the design of which experts from Italdesign worked.
The model went on sale in 1975 and produced while ten years.
In 2000, a strategic alliance created with DaimlerChrysler, with the formation of Daimler-Hyundai Truck Corporation, an enterprise that was to deal with trucks and buses in the Korean market.
This alliance lasted until 2004, after which the Germans decided to sell their share.